HDFC Life Partners with Manipal Global Education to create
career opportunities at HDFC Life together with a Post
Graduate Diploma in Insurance

Program designed to build a career at HDFC Life with starting salary of Rs. 2.5 lakh on
successful completion of one-year Post Graduate Diploma in Insurance

Performance -based sales incentives over and above salary

Candidates from any education stream with minimum qualification of being a Graduate
can join the programme

Four months of classroom training out of Manipal's Campus to be followed by two
months ‘on the job’ training and then six months of paid internship at an HDFC Life
location

Students will be offered a stipend of Rs. 16,000 per month during 6-month internship
with HDFC Life
Mumbai, August 20, 2014: HDFC Life, India’s leading long-term life insurance solutions provider in
association with Manipal Global Education Services endeavours to nurture industry leaders of the
future by imparting domain expertise and skill-sets in the field of insurance. The one-year Post
Graduate Diploma in Insurance prepares them for a soaring career at HDFC Life. On successful
completion of the course, students are offered a fixed starting salary of Rs. 2.5 lakh per annum along
with performance -based sales incentives over and above salary. Additionally they get an assured
bonus of Rs. 1.25 lakh on promotion. During the internship period with HDFC Life, they will be
offered of a stipend of Rs. 16,000 per month.
Commenting on the new program, Mr. Rajendra Ghag, Senior Executive Vice President & Chief
Human Resources Officer, HDFC Life said, “I am delighted to announce the launch of this career
focused one-year training initiative leading to a Post Graduate Diploma in Insurance in association
with Manipal Global. It is a first-of-its-kind of course in the life insurance industry where candidates
from any education stream with minimum qualification of being a Graduate can join the programme
with guaranteed placement with HDFC Life. Our objective is to enable talent across India to get
educated and gain knowledge and skills in life insurance and succeed in their careers. They will be
provided with high quality of learning at the state-of-art residential campus facility at Manipal
campuses."
Mr. Sivaramakrishnan V, Executive President, Manipal Global Education Services said, “Manipal
Global is excited to collaborate with HDFC Life. Manipal Global Education Services aims to design
courses that ensure employability. This initiative with HDFC Life reflects the company’s deep
commitment towards building a resourceful talent base.The innovative and customized programs
developed by Manipal Global ensure that organizations get first-day-first-hour productive talent,
thus eliminating the need for expensive hiring for the employers. We believe relationships such as
these will be truly beneficial to the insurance sector. We are sure this association too will pave the
way to many active collaborative engagements that will benefit the BFSI industry.”
The one-year Post Graduate Diploma in Insurance is a combination of theory and practical learning
modules over a 12 month period. Students will start with four months of classroom training based out
of Manipal's Campus. This will be followed by two months ‘on the job’ training, then six months of
paid internship at an HDFC Life location. Since, it is a residential program and candidates later will
complete their internship from their residing location, it allows candidates from across India to enrol
for this programme. The program aims at providing an in-depth understanding of the Insurance
Industry and prepares them for a soaring career with HDFC Life.
To apply for the program, candidates can walk in to the HDFC Life branch locations across 26 cities
(http://www.hdfclife.com/smartachievers/walkin-locations) or call HDFC Life at 1800 1022 524.
About HDFC Life
Established in 2000, HDFC Life is India’s leading long-term life insurance solutions provider offering
a range of individual and group insurance solutions that meet various customer needs such as
Protection, Pension, Savings, Investment, and Health. The company also offers Women’s Plans to
meet specific needs of women. Customers have the added advantage of customizing plans, by adding
optional benefits called riders, at a nominal price. The company currently has 23 retail and 8 group
products in its portfolio, along with 9 riders.
HDFC Life continues to have the widest reach with about 500 branches in India touching customers
in over 900 cities and towns. The company has also established a liaison office in Dubai. The company
has a strong presence in its existing markets with a strong base of Financial Consultants.
HDFC Life is a joint venture between Housing Development Finance Corporation Limited (HDFC),
India’s leading housing finance institution and Standard Life plc, the leading provider of financial
services in the United Kingdom. HDFC Ltd. holds 72.37% and Standard Life (Mauritius Holding) Ltd.
holds 26.00% of equity in the joint venture, while the rest is held by others.
For more information, please visit our website, www.hdfclife.com. You may also connect with us on
Facebook, Twitter, Youtube, LinkedIn, Blog and Google+.
About Manipal Global Education Services
Manipal Global Education Services is the leading India-headquartered international provider of highquality higher education services. Its ambit includes a wide range of higher education services to
institutions in India, corporate training programmes in partnership with leading enterprises,
vocational training across a number of sectors, as well as technology-driven services in areas such as
testing and education delivery. It is also the dedicated service provider/operator of university
campuses in Malaysia, Antigua in the Caribbean, Dubai and Nepal. It services and supports over
400,000 students currently, many of them through its award-winning large scale technology platform,
EduNxt™.
Manipal Global Education Services believes that industry relevance is the key construct in careerfocused education in India. This has led to the development of innovative partnerships, with City &
Guilds UK to launch IndiaSkills, and, with leading Indian banks like ICICI Bank, Bank of Baroda,
Punjab National Bank, Andhra Bank, Axis Bank, Kotak Mahindra Bank and others to establish
academies of banking & finance. Its other strategic investments include MeritTrac, India's leading
testing & assessment company, and iRize, a leading creator of the employment ecosystem in India.